cryptocurrency
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This may be a crazy prediction, but given the buzz of NEO heading into 2018 NEO GAS may be a second chance at the gains NEO has seen. I doubt it will go as high as this guy predicts but thought I'd share. Obviously do your own research and trade at your own risk. https://steemit.com/bitcoin/@haejin/gas-is-ready-to-power-a-233-profit-target-0-008724-btc
saw this ๐
<:onion:390755897250414593>
Only Wavecrest issued cards. For example, TenX will have Wirecard as a new card issuer until they get their own banking license.
"Visa have today instructed us that we must close all WaveCrest issued Visa Prepaid Cards."
This is Wavecrest specific, nothing to do with crypto
Looking to buy raiden tokens and cheezuz is it painful to transact outside exchanges. Probably speaks to underlying problems with bottlenecking. part of why im in BCH and RDN.
Transaction fees on ethereum running at about $2.10 per transaction.
Transaction fees are going to be as bad as BTC for Monero too
I'm not gonna buy into a coin that doesn't solve this
@Aldo thanks for the tip on GAS, bought three and have made $45 off of it so far
yea that spike
was thinking more of a long term play, but whatever! Currently waiting for it to correct and rebuy. Also NEO is at a good buy price right now.
how big do you think the correction will be?
that was a lot of volume, can't ever say for sure
50% is typical
FOMO kicked in (Fear of Missing Out) rebought ha. That post I linked however was saying the big gains will come around febuary
I don't know about sbd but the exchanges I use to cash out only allow cash out in BTC/BCC/Litecoin/Ethereum
There are a lot of exchanges though so it's hard to say
@everyone Since Ethereum has crested $1000, are yโall planning to hold on to it? Iโve been sitting on mine for a long time and was planning to sell at $1000 but I kind of want to let it ride
Well if that was your target price, your exit point, why not stick with your strategy? Sell.
At that point you have actually made tangible gains. This is always important. Until you sell, it is only *potential* gains (or losses).
What "might" happen in the future is unknown.
Either way you might be kicking yourself.
you can use coinbase to get USDT which is pinned to USD and convert via gate.io or vice versa
other than that there is kraken and bitstamp
kraken is awful dont use it
bitstamp wont have you verified for at least 2 weeks
I filed my verification with them in December, around the 20th, and Im still waiting
yeah thats standard for all the exchanges, ID and some other forms of documentation because of government regulations. You can verify your bank account before that though, I would do both simultaneously so that you dont have to wait on that. Something to note about coinbase is that it generally isnt good to trade BTC and potentially other coins on it because transaction speeds lag a lot. You also generally cant get obscure alt coins on it, but you can get USDT (I think, you can the last time I checked) and use that on something like gate.io
just make sure you keep track of gains and losses for tax reasons. Record every transaction, especially if you end up making any sort of notable gains. Anything sub 1k should be reported but isnt a huge deal, anything above 1k you should go out of your way to make sure is on your taxes, especially if its greater than 10k in gains (or losses)
how do you have the SBD stored?
Ok, how did you originally get into steemit?
I'm about to need to get just a bit of XMR I mined converted to dollars. The monero wallet you'd run on your PC... the GUI was an unstable nightmare. And the command line looks like... an autist created it. So, the deposit from my mining is NOT going to a local wallet, but to a wallet at MyMonero online. (inb4 OMG OMG Nevar use an online wallet OMG! This is just the way it is, until the offline wallet is worth a fuck.) I've got accounts on binance, bittrex, etc. and of course coinbase for bitcoin to dollars (and vice versa). But I need sure-fire steps to get the XMR into an exchange and converted to dollars. I think I've got it, but having never done it I'm nervous.
@Volkmom you might be able to use coingecko
theres also this article
the 2nd seems to be more in depth
Yes, NEO and ARK both look good.
But literally every single exchange has blocked new user registration
Lol
Normies btfo
TBH I just use Coinbase, the rest are too much of a hassle
good scalping on BTC lately tbh
but have noticed that alt-coin surges usually follow BTC surge post correction
jumping back and forth depending on state of BTC can be a good strat. I'm currently in 4 altcoins some safer than others as I hone some programming skills.
I wrote a scalping program in python to interact with the GDAX API for extra quick entry and exits, working through the APIs can not only give access to things like stop-loss protection which may be unavailable on the exchanges (on bittrex and binance for instance,) but an edge on entry/exit priority. GDAX for instance seems to prioritize market orders executed through the API over ones done through the site interface. DM me if interested. It requires IDLE or some python3 interpreter and the installation of some python packages through cmd or terminal, works on mac, linux, or windows.
I was able to double up scalping the BCH release that way.
I have BTC and ETH. Sold all my LTC. Besides that, some Golem and Obsidian.
What offline btc wallet should I use?
You can use a debit or credit card to convert USD to BTC, for BTC to USD I believe you need to connect to a bank account
I see a "Bank Wire" option as well, but have not done that personally.
https://www.weusecoins.com/en/find-the-best-bitcoin-wallet/ from this article, "Electrum" may be your best option for an offline "desktop" wallet
Thank you.
Binance
Yeah there's also some other gold websites.
converting BTC to USD? localbitcoins
I believe Gemini and bitstamp have the option as well
I have not personally used bitstamp, but Gemini is as legitimate as coinbase, itโs FDIC insured as well
@Volkmom BitFlur is another service that allows you to exchange btc for usd into your PayPal account, I believe they will also exchange btc for amazon gift cards. I have not personally used them, but as far as I know they are legit. The fees are supposedly very low as well. JM Bullion and APmex will allow direct purchase of precious metals with btc. I have done that several times myself
@this_that5553 you should still be able to register at Coss, Kucoin, Hitbtc, and Cryptopia. Hitbtc and Coss have shit for volume, cryptopia is a little better, kucoin has most of the alt coins and ICOs that binance offers as well. Coss and Kucoin both offer a sort of โdividendโ payout of trading fees that are distributed to holders of โtheirโ tokens.
Is gate.io legit?
not familiar with that exchange
looks like its got pretty low volume
which is fine if you're just looking to acquire, but trading may be a problem if that's what you're looking to do
A friend suggested it. Iโm looking around for an exchange to get XRP.
are you registered on any of the main exchanges? binance or bittrex, etc?
I am currently a no-coiner.
gotcha
well hitbtc has xrp
How are the fees?
also the price of xrp is almost .40 higher on gate right now
Oosh...
Iโll look into hitbtc. Thanks.
no problem. I don't think its nearly as reputable as the main exchanges fwiw
ive never had any problems withdrawing funds from them, but I've heard of other people that had lengthy delays, no response from support, ect
I would also advise anyone who uses one of the smaller exchanges to not store any large amounts of funds directly on the exchange
the larger, more established exchanges are "safer" probably not as likely to exit scam. But i'd recommend keeping larger amounts in a hardware or paper wallet, even a desktop wallet if you're careful with your security and keys. I keep some btc on binance just so I can have some liquidity. But the majority of my funds I store elsewhere
Bitcoin: so easy to put your USD into it...extremely difficult to pull it back out.
Cash deposit is where someone walks into your banks branch and deposits using your account number and name
Are you unable to sell on Coinbase?
@Grandeur inset up an account at coinbase but it's not letting me connect my bank account
I've tried many times
So on localbitcoins what option would one select to sell btc and have the money transferred to your bank account?
Transferred? I'm not sure. I've never used that, and I don't think it's nearly as popular (which means better rates or quicker sells) as cash deposit.
Is your lbc account fresh?
If youโre selling on local bitcoins, be careful. You could easily get set up and robbed for all the bitcoins you have on your phone.
I'd recommend using a VPN to anyone trading cryptos. I use this one https://nordvpn.com/
@Volkmom if the bank you have isn't working with coinbase, while it's an annoying extra step, you might consider opening an account with a more mainstream bank for that sole purpose.
Ok ty
That makes sense
Which was too small an amount to deal with unless I do cash by mail
ah, that sucks. the fees can be steep, can't believe it's that bad
what I'd recommend is converting to BTC and then LTC before sending to coinbase, where you can sell it for USD and cash out
I'd also check out binance as an exchange, they have pretty low fees, not sure if more or less than poloniex
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